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The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later ...
Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a ...
Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that ...
Ms. Cook's departure would give Mr. Trump the opportunity to tip the balance of the Federal Reserve toward Republican appointees.
President Trump is calling for the resignation of Federal Reserve governor Lisa Cook after a Trump ally accused her of making false statements on mortgage applications.
Wall Street is holding a bit steadier following the prior day’s swoon for Nvidia, Palantir and other darlings swept up in the ...
"Given the relatively high bar for Powell to meet, there's a bit of risk being baked into the markets that he leans to the hawkish side and the proverbial rug gets pulled from beneath investors," said ...
Wall Street is holding steady, stuck in a summer lull.
Despite mounting pressure from President Trump to cut rates, the FOMC voted yesterday to hold the target range for its policy rate constant at 4.25 to 4.5%.
The Federal Reserve kept interest rates steady on Wednesday, July 30, despite high profile pressure from President Trump, who has been long pushed for a rate cut – even during his highly ...
Policymakers at the Federal Reserve voted 9-2 to hold interest rates steady on Wednesday, despite intense pressure from President Trump to cut borrowing costs.
New interest rates are out, and the Federal Reserve decided not to cut interest rates despite public pressure from President Donald Trump.